Post
Topic
Board Beginners & Help
Re: To newcomers: make sure when you buy bitcoin you are buying bitcoin!
by
Lucius
on 30/11/2020, 14:05:14 UTC
Man. I hadn't looked at the price of BCash in long time, but it is dying. The whole month of November it has just been hitting new all time lows pretty much every day. I remember selling my forked coins for almost 0.2 BTC each - now they are worth less than 0.015 BTC. That's an almost 93% decrease, and continuing to fall.

I remember when it was very close to the price of the original BTC, somewhere around $3000 and that was the best time to sell it - and I have to admit that I haven’t sold it yet, I almost forgot that I have it. Its current price is just under $300, but it is still in the TOP 10 according to CMC, which just means there are still those who believe in the project.



~snip~

That's right, the name Bitcoin is not protected globally, but this year one person protected it at national level in Spain. Surely the situation with all this forked BTC would be much better if the name was protected, so we can ask the question why no one did it, maybe no one could have predicted that there would be so many copies?